Business Statistics - Desklib

Running head: BUSINESS STATISTICS
Business Statistics
Name of Student:
Name of University:
Course ID:

1BUSINESS STATISTICS
Table of Contents
Answer 1..........................................................................................................................................2
1. a)..............................................................................................................................................2
1. b)..............................................................................................................................................2
1. c)..............................................................................................................................................2
1. d)..............................................................................................................................................2
1. e)..............................................................................................................................................2
1. f)...............................................................................................................................................3
1. g)..............................................................................................................................................3
Answer 2..........................................................................................................................................4
2. a)..............................................................................................................................................4
2. b)..............................................................................................................................................5
2.b. i)........................................................................................................................................6
2. b. ii)......................................................................................................................................6
2.c)...............................................................................................................................................6

2BUSINESS STATISTICS
Answer 1.
1. a)
The mean expenses of the students per week = 57.76 units.
1. b)
“The Stem and Leaf Diagram”
1. c)
The mode of the data set is = 72 and 55. (with occurrence = 5 in both cases). Hence the
data set is “Bimodal”.
The median of the data set = 57.5.
1. d)
“Grouped Frequency Table”:
1. e)
“Frequency Table”: